Out of fixed or floating interest rate which is better? This is a dilemma that almost everyone goes through while seeking a home loan. So, how do we choose between a fixed and floating interest rate? The answer may seem a cliché, but it depends on market conditions and your personal choice.Let us analyze which […]
Fixed or Floating Interest Rate Which is Better? Read More »
What is Builder Floor Apartment? A Builder Floor Apartment is an independent floor unit in a low rise building, with or without common facilities. In other words, it is a section of the villa building. Generally, builder floor apartments are built on smaller plots in plotted residential colonies by local builders. Builder floors offer more
What is Builder Floor Apartment & Multistorey Apartment? Read More »
Sachin Bansal, a Banker based out of Delhi, had booked a flat in Gurgaon in a promising project that was to be delivered in 3 years. Two years have passed and the construction has not even started. Now he is worried that if the same situation continues, the project will not be delivered even in
Flat Possession – Tips to handle DELAY in possession of flat Read More »
Over the years, home loan procedure has gone through tremendous change with increasing competition among public and private Banks and Housing Finance Corporations. Many lenders may offer you freebies and entice you to take home loan from them. However, you should be aware of theirs tactics. You will be better prepared to handle your home
Home Loan Procedure | How to get Home Loan? | Process Read More »
Do you know a home loan can help you in real wealth creation? It not only helps you in buying your dream home at today’s price but also helps you in saving lakhs of rupees through home loan tax benefit. A home loan is the best tool to cut down your tax liability drastically. You
Home Loan Tax Benefit – Guide to Tax Benefit on Home Loan for 2017-18 Read More »
CHECKLIST Documents Required for Home Loan by All Applicants Application Form – Duly filled and signed form along with 2 passport size photographs. Identity Proof – Copy of Voter’s ID/ Passport/ Driving License/ PAN Card/ Aadhar Card. Residence Address Proof – Copy of Telephone Bill/ Electricity Bill/ Gas Bill/ Rent Agreement/ Property Tax Receipt/ Passport/
Documents Required for Home Loan – CHECKLIST & TIPS Read More »
Effective Date: Latest Circle Rates in Delhi are effective from 23 Sep 2014. Lt. Governor of the National Capital Territory of Delhi revised and notified, the minimum rates (circle rates in delhi) on 22 Sep 2014 to be effective from 23 Sep 2014. These rates shall be taken into consideration for registration of instruments relating
Circle Rates in Delhi – Latest Read More »
What is House Rent Allowance? House Rent Allowance (HRA) is the salary allowance given by an organization to the employee to meet the expenses related to renting a house for residential purposes. House Rent Allowance is taxable under head “Income from Salaries” after deducting HRA exemption under section 10 (13A) of Income Tax Act. Therefore,
House Rent Allowance – HRA Calculation & Exemption Rules Read More »
Did you check your CIBIL report recently and were shocked to see a low score? Now perhaps you are wondering, How to Improve CIBIL Score? Well you are not alone in this boat. Many of us unknowingly build a bad credit rating over time. But you don’t have to worry because a credit score is
How to improve CIBIL Score? | 8 Tips to increase CIBIL Score Read More »
NRIs and HNIs are taking a cautious approach before investing in Indian Real Estate market. They are waiting for RERA implementation and other regulations to set in before taking any investment decision. Meanwhile, there are other healthy property investment options available across various countries. In this interview with Team AY, Mona Jalota (Director – International
Top International Real Estate Investment Destinations in 2017 Read More »